Texas Securities Watchdog Takes Action Against 3 Alleged Crypto Frauds
The Texas State Securities Board has taken emergency action against three crypto investment schemes it alleges are attempting to hoax local investors.
A vertically integrated startup has raised $30 million to bring bitcoin mining back to the U.S.
Since launching a sweeping investigation of the crypto industry, the Texas State Securities Board has filed 24 administrative orders.
The $150 million bitcoin mine could become the world's largest – surpassing Bitmain's, whose own mega mining operation is in the same Texas town.
A new memo by the Texas Department of Banking notes that stablecoins may fall under the state's definition of "money" and therefore would be subject to money transmission laws.
The Texas State Securities Board issued an emergency cease-and-desist against a company it claims committed fraud in offering crypto mining contracts.